Dec. 25th - Dec. 31st: New Programs, Investments, Payments
Posted by rabbit on January 6th, 2006
Udachu
I added this to my programs list last week. As I mentioned in a previous post, I only put in $50 to hold a spot while I evaluate the program further. The program administrators have since eliminated the $50 option and have taken the site offline. The program is now private. They are still accepting members. However, potential members are now required to accept an NDA (Non-Disclosure Agreement) and join the program via email. Account statements will also be sent via email. I will be posting a more detailed update outlining how new members can join later.
GoldenRocks
I put in an additional $50 in this program on the 25th and 30th of December. I still do not know how this program lasted this long (almost 12 months) paying 90% per month. I am still not convinced that this program is 100% backed by any real businesses and trading activites, and still see it as nothing more than a gamble. You may be able to make some money from it, but there are no guarantees. Right now I am just putting in smaller spends every 5 days or so — all from 12DailyPro profits. I figure that if I am wrong and it lasts another year (unlikely in my opinion), I will be rolling in the dough this time next year. If / When I get paid out over the next month, I plan to take out the 90% profits and put back the principal. That way if they go kaput the following month, my loss is limited to 10% of principal.
No new payments were received this past week.
The December yield for NSFG was 8.73%
Last average weekly yield for MPDW was around 3.1% for December,